ORGATRADE: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ORGATRADE
Largest movements
- Receivables within one year +€57,053
up €57,053 (+178.3%), from €32,003 to €89,055
of which Trade receivables: +€57,053
- Cash -€38,725
down €38,725 (-49.4%), from €78,458 to €39,733
mainly Receivables within one year (-€57,053) and Stocks and contracts (-€25,436)
- Stocks and contracts +€25,436
new in 2022: €25,436
- Profit (loss) carried forward +€42,795
up €42,795 (+87.2%), from €49,049 to €91,843
- Tax, wage and social debts +€2,590
new in 2022: €2,590
- Write-downs -€29,444
no longer reported in 2022 (was €29,444)
- Other operating charges -€11,757
down €11,757 (-60.0%), from €19,582 to €7,825
- Taxes -€7,135
down €7,135 (-51.0%), from €13,985 to €6,850
- Gross operating margin -€3,441
down €3,441 (-5.6%), from €61,232 to €57,792
From the 2021 result to the 2022 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,461 | €155,245 | +€44,784 | +40.5% |
| Fixed assets | 21/28 | - | €1,021 | +€1,021 | |
| Tangible fixed assets | 22/27 | - | €1,021 | +€1,021 | |
| Plant, machinery and equipment | 23 | - | €1,021 | +€1,021 | |
| Current assets | 29/58 | €110,461 | €154,224 | +€43,763 | +39.6% |
| Stocks and contracts in progress | 3 | - | €25,436 | +€25,436 | |
| Stocks | 30/36 | - | €25,436 | +€25,436 | |
| Amounts receivable within one year | 40/41 | €32,003 | €89,055 | +€57,053 | +178.3% |
| Trade receivables | 40 | €22,003 | €79,055 | +€57,053 | +259.3% |
| Other amounts receivable | 41 | €10,000 | €10,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €78,458 | €39,733 | -€38,725 | -49.4% |
| Total equity and liabilities | 10/49 | €110,461 | €155,245 | +€44,784 | +40.5% |
| Equity | 10/15 | €69,468 | €112,262 | +€42,795 | +61.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,819 | €1,819 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,819 | €1,819 | = | 0.0% |
| Legal reserve | 130 | €1,819 | €1,819 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,049 | €91,843 | +€42,795 | +87.2% |
| Amounts payable | 17/49 | €40,993 | €42,983 | +€1,990 | +4.9% |
| Amounts payable within one year | 42/48 | €40,993 | €42,983 | +€1,990 | +4.9% |
| Trade debts | 44 | €40,993 | €40,393 | -€600 | -1.5% |
| Suppliers | 440/4 | €40,993 | €40,393 | -€600 | -1.5% |
| Taxes, remuneration and social security | 45 | - | €2,590 | +€2,590 | |
| Taxes | 450/3 | - | €2,590 | +€2,590 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €255 | +€255 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €29,444 | - | -€29,444 | |
| Other operating charges | 640/8 | €19,582 | €7,825 | -€11,757 | -60.0% |
| Gross operating margin | 9900 | €61,232 | €57,792 | -€3,441 | -5.6% |
| Operating profit (loss) | 9901 | €12,207 | €49,711 | +€37,504 | +307.2% |
| Financial charges | 65/66B | €234 | €67 | -€167 | -71.5% |
| Recurring financial charges | 65 | €234 | €67 | -€167 | -71.5% |
| Profit (loss) for the period before taxes | 9903 | €11,973 | €49,645 | +€37,672 | +314.6% |
| Income taxes | 67/77 | €13,985 | €6,850 | -€7,135 | -51.0% |
| Profit (loss) for the period | 9904 | -€2,012 | €42,795 | +€44,807 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,012 | €42,795 | +€44,807 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.